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The Evolution of Asset Management: Humans, Inventory and the Rise of AI

The Logistics & Supply Chain Management Society

The Evolution of Asset Management: Humans, Inventory and the Rise of AI by Jeroen Hendriks , Director at Art of Supply Chain Sdn Bh In the ever-evolving landscape of organisational success, the spotlight is now on asset management. In this article, we will focus on inventory and people as assets.

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Gartner Study Identifies Supply Chain User Wants and Needs

ToolsGroup

Source: 2017 Gartner Supply Chain Technology User Wants and Needs Study, Dwight Klappich. For lower maturity companies, Gartner found that most often they consist of a fragmented portfolio of independent SCM IT assets managed vertically by functional silo. This year it included more than 473 people spanning the globe.

Gartner 200
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Few Companies Make the Hard Tradeoffs to Reduce Carbon Emissions

Logistics Viewpoints

The Japanese pension asks every one of their asset managers to start having systematic conversations with every company they invest in about that company’s approach to environmental, social, and governance issues. A million different schedules might be examined, in a matter of seconds, before the optimal plan is selected.

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Management of Ocean Transit Time Reliability and Visibility

The Logistics & Supply Chain Management Society

Source: Sea-Intelligence Source: Sea-Intelligence The number of blank sailings are at the lowest we have seen since the pandemic started. Although 2023 first half reliability has been improving to around 65%, the lead time variability is still high compared to other modes of transportation, and still below pre-pandemic levels.

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Why Our Goal Should Not Be an Integrated Supply Chain

Supply Chain Shaman

It was also clear to me that transactional data was only one of the feeds to the planning engines (approximately 60% of the data feed, but not the sole source). I believed that planning needed its own system of record and that this definition was distinctly different from a transactional system of record. I fought a hard fight and lost.

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Where to Start if You’re New to Procurement Sourcing Solutions

EC Sourcing Group

Where to Start if You’re New to Procurement Sourcing Solutions. There are many people who are not new to procurement and sourcing and its role in the supply chain but may be new to sourcing solutions and software. Read on to learn how to get started with procurement sourcing solutions and what to look for in software.

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Responsible sourcing as part of corporate governance

SupplyShift

Three days ago Larry Fink (CEO of BlackRock , one of the biggest asset management companies in the world, $6.3 Trillion under management) sent a letter to the CEOs of the world’s largest corporations. Now, the majority of companies in North America and Europe have committed to responsible sourcing targets.